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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Kelvin Taylor who wrote (24282)9/14/2000 8:02:00 AM
From: Larry S.  Read Replies (3) | Respond to of 53068
 
Kel, to attempt to answer for Ron, who is out chasing the great minnow, he is looking to buy great stocks at cheap, nah, ultra-cheap prices, with a 3-6-12 month time horizon. If his low-ball buys get filled great, then there usually is a lower buy waiting. Given the longer time horizon, the quality of the companies, and enough capital, it is a very powerful strategy that usually works. Requires discipline, patience, and, at times, luck. larry



To: Kelvin Taylor who wrote (24282)9/14/2000 1:58:27 PM
From: chartseer  Respond to of 53068
 
I would not be afraid to short this current market. I do believe the last two days of this week will be more a correction within a correction. The specialist and MMs need these to unload inventories and replenish cash for next week. Perhaps the options expiration is at play too. Currently expect sell off to continue Monday especially if tomorrow closes in the plus column. Just my opinion,

then again what the heck do I know?


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